Legend Biotech Corp

Legend Biotech Corp

LEGN · NASDAQ · Healthcare / Biotechnology

17.50USD-1.04 (-5.61%)

Price History

Full chart

Market Stats

Previous Close18.54
Open18.46
Day Range17.39 – 18.61
52-Week Range16.24 – 37.50
Volume3.03M
Market Cap3.97B
P/E (TTM)0.00
Forward P/E28.57
EPS-0.02
Dividend Yield0.00%
Beta0.55
50-Day Avg19.76
200-Day Avg22.18

About

Legend Biotech Corporation, through its subsidiaries, operates as a biopharmaceutical company that discovers, develops, manufactures, and commercializes novel cell therapies for oncology and other indications in the United States, China, and Europe. Its lead product candidate is ciltacabtagene autoleucel, or cilta-cel, which is a chimeric antigen receptor (CAR-T) therapy for the treatment of multiple myeloma (MM). The company also has a portfolio of earlier-stage autologous CAR-T product candidates targeting various cancers, including acute lymphoblastic leukemia, gastric cancer, esophageal cancer, pancreatic cancer, colorectal cancer, small cell lung cancer, and non-small cell lung cancer. In addition, it develops allogeneic gamma delta CAR-T and allogeneic CAR-NK product candidates targeting B-cell maturation antigen (BCMA) for MM, which are in investigator-initiated Phase 1 clinical trials in China. The company has a collaboration and license agreement with Janssen Biotech, Inc. for the development and commercialization of cilta-cel, as well as a license agreement with Novartis Pharma AG for the development, manufacture, and commercialization of CAR-T cell therapies targeting delta-like ligand protein 3. Legend Biotech Corporation was founded in 2014 and is headquartered in Somerset, New Jersey.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEOMs. Ingrid Zhang
  • Employees3.30K
  • Headquarters2101 Cottontail Lane, Somerset, NJ, United States, 08873, USA
  • Websitehttps://legendbiotech.com

Leadership

  • Ms. Ingrid ZhangChief Executive Officer · b. 1973
  • Mr. Carlos Santos GarciaChief Financial Officer · b. 1972
  • Ms. Ananda Elizabeth Martin Esq., J.D.Global Compliance Officer · b. 1974
  • Mr. Robert StaloffGeneral Counsel
  • Dr. Yuhong Qiu Ph.D.Interim Head of Research & Development and Senior VP of Regulatory Affairs
  • Mr. Birk VanderweeenSenior Vice President of Global Manufacturing & Supply

Financials

Income Statement

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue23.59M49.13M61.80M75.00M68.83M117.00M285.14M627.24M1.03B
Growth (%)-+108.24%+25.78%+21.36%-8.23%+70.00%+143.70%+119.97%+64.04%
Cost of Revenue-96.00K--232.16M313.35M65.36M144.21M234.58M408.10M
Gross Profit23.69M49.13M61.80M75.00M68.83M51.64M140.93M392.66M620.80M
Gross Margin100.41%100.00%100.00%100.00%100.00%44.14%49.42%62.60%60.34%
Operating Expense9.91M50.67M194.31M388.35M461.11M507.26M580.41M695.90M757.30M
Operating Income13.78M-1.53M-132.51M-313.35M-392.29M-455.62M-439.49M-303.24M-136.50M
Operating Margin58.41%-3.12%-214.42%-417.79%-569.97%-389.40%-154.13%-48.35%-13.27%
EBITDA14.06M149.00K-127.25M-298.16M-392.38M-416.54M-477.87M-113.16M-232.30M
EBITDA Margin59.57%0.30%-205.91%-397.54%-570.10%-356.00%-167.59%-18.04%-22.58%
Net Income9.37M-2.78M-101.59M-266.37M-403.58M-446.35M-518.25M-177.03M-296.80M
Net Income Margin39.69%-5.67%-164.39%-355.16%-586.38%-381.48%-181.75%-28.22%-28.85%
R&D8.20M60.64M161.94M232.16M313.35M335.65M382.22M413.54M414.70M
R&D as % of Total Revenue34.73%123.41%262.04%309.55%455.27%286.87%134.04%65.93%40.31%
Interest Expense082.00K223.00K4.21M900.00K10.80M21.79M21.61M21.40M
Interest Expense % of Total Revenue0.00%0.17%0.36%5.61%1.31%9.23%7.64%3.45%2.08%

Balance Sheet

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets238.69M429.05M287.71M722.09M1.12B1.33B1.85B1.67B1.73B
Total Liabilities226.53M420.40M410.58M122.27M353.52M586.65M597.24M629.61M731.60M
Total Equity12.17M8.65M-122.87M597.77M765.94M744.31M1.25B1.04B1.00B
Cash2.12M210.17M83.36M456.07M688.94M786.03M1.28B286.75M901.90M
Total Debt269.00K4.32M6.11M3.70M122.97M284.53M328.67M350.60M413.70M
Net Debt-1.85M-205.85M-77.28M-452.37M-565.97M-501.50M-949.04M63.85M-488.20M

Cash Flow

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-2.38M307.68M-83.06M-223.00M-198.47M-201.28M-393.28M-144.03M-100.47M
Investing Cash Flow-827.00K-102.26M-58.65M-24.17M-194.98M-77.09M92.79M-850.54M711.48M
Financing Cash Flow3.32M2.50M14.67M618.88M626.66M377.98M791.49M5.70M-300.79K
Capital Expenditure887.00K21.02M39.17M30.28M45.40M22.27M22.72M14.11M67.58M
Free Cash Flow-3.26M286.66M-122.23M-253.29M-243.87M-223.56M-416.00M-158.14M-168.04M
FCF to OCF137.33%93.17%147.16%113.58%122.88%111.07%105.78%109.79%167.27%

Earnings

Report DateJun 8, 2020Aug 28, 2020Nov 16, 2020Mar 18, 2021May 18, 2021Aug 23, 2021Nov 16, 2021Mar 18, 2022Jun 1, 2022Aug 5, 2022Nov 3, 2022Feb 17, 2023May 18, 2023Aug 15, 2023Nov 20, 2023Mar 11, 2024May 13, 2024Aug 9, 2024Nov 12, 2024Mar 10, 2025May 13, 2025Aug 11, 2025Nov 12, 2025Mar 10, 2026May 12, 2026Aug 11, 2026Nov 10, 2026Nov 11, 2026
EPS Estimate0.00-0.28-0.34-0.30-0.35-0.43-0.66-0.41-0.51-0.31-0.63-0.56-0.72-0.83-0.74-0.83-0.32-0.42-0.60-0.38-0.34-0.23-0.18-0.190.010.120.010.01
EPS Actual-0.51-0.51-0.50-0.44-0.30-0.66-0.86-0.30-0.49-0.33-0.89-0.82-0.68-1.14-0.34-0.80-0.32-0.10-0.680.14-0.54-0.68-0.22-0.16-0.150.090.28-
Surprise--82.14%-47.06%-46.67%14.29%-53.49%-30.30%26.83%3.92%-6.38%-41.27%-46.43%5.56%-37.35%54.05%3.61%0.00%76.19%-13.33%137.24%-58.82%-195.65%-22.22%15.79%-1113.51%-25.00%2700.00%-
TimingAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap3.97B
Enterprise Value3.27B
Trailing P/E0.00
Forward P/E28.57
Price / Sales3.12
Price / Book3.84
EPS-0.02
Book Value5.42
Revenue (TTM)1.27B
Gross Profit (TTM)719.30M
EBITDA-41.60M
Profit Margin-7.20%
Operating Margin14.89%
Return on Equity-8.08%
Return on Assets-1.92%
Shares Outstanding194.49M
Shares Float90.82M
Beta0.55
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 13 analystsTarget 44.01
  • Strong Buy
    3
  • Buy
    5
  • Hold
    5

Ownership Breakdown

Institutions
55.57%
Insiders
1.90%
Retail / Other
42.53%

Top Institutional Holders

  • FMR Inc
    29.09M14.96%
  • Deerfield Management Co
    8.14M4.18%
  • Suvretta Capital Management, LLC
    7.07M3.64%
  • Hillhouse Capital Advisors, Ltd.
    5.98M3.08%
  • BlackRock Inc
    4.73M2.43%
  • Westfield Capital Management Company, L.P.
    4.43M2.28%
  • Assenagon Asset Management SA
    3.83M1.97%
  • The Goldman Sachs Group Inc
    3.66M1.88%
  • Point72 Asset Management, L.P.
    3.08M1.58%
  • Kynam Capital Management, LP
    3.00M1.54%
  • Artisan Partners Limited Partnership
    1.56M0.80%
  • State Street Corp
    1.50M0.77%

Top Fund Holders

  • Fidelity Select Pharmaceuticals Port
    2.59M1.33%
  • Strategic Advisers Fidelity US TtlStk
    2.53M1.30%
  • Fidelity Select Health Care
    2.28M1.17%
  • Fidelity Contrafund
    1.92M0.99%
  • Fidelity VIP Contrafund Initial
    1.89M0.97%
  • Fidelity Emerging Markets
    1.73M0.89%
  • Fidelity OTC
    1.48M0.76%
  • Harbor Small Cap Growth Instl
    1.45M0.75%